Mike O’Connor, chief executive of Consumer Focus said:
“At a time when householders are worried about their winter energy bills, they will no doubt wonder why margins have increased for the fifth quarter in a row, while wholesale costs continue to fall. The answer seems to be depressingly simple – energy companies are pushing up their profits by cashing in on the cold spell.
“There is mounting evidence – and mounting demand from consumers – that price cuts should be passed on. We agree with Ofgem – energy companies should play fair and bring bills down to offer some respite to their hard pressed customers.”
- Ends -
Notes to Editors
- People can more find help and advice on energy issues at www.consumerfocus.org.uk
- Consumers who want to switch should use one of the Internet price comparison services accredited to the Consumer Focus Confidence Code. These independent price comparison sites offer a comprehensive service that compares people’s current supplier’s tariffs and usage with those of all the major suppliers. They help find the best deal and provide a free and easy-to-use switching service.
- Consumer Focus Helpfinder
This tool on our website allows consumers to find out what grants, discounts, free energy help and assistance they are entitled to. It covers help with paying energy bills, household bills including debts; free advice on making homes more energy efficient; financial support from Government. - Consumer Focus monthly energy pricing update email alerts
Consumers can keep track of the latest prices with our monthly email alert. People register their details to see at a glance how their prices compare.
